Vasa Denticity Limited

Company Profile
Company Name Vasa Denticity Limited
Open Date 23-05-2023
Close Date 25-05-2023
Exchange NSE SME
Lot Size 1000 shares
Issue Price ₹ 128 per share
Issue Size 42,24,000 Equity Shares
Application Amount ₹ 1,28,000
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply
Vasa Denticity Limited was incorporated in the year 2016 headquartered in New Delhi-India, is in a dental care industry. They are in the business of marketing and distribution of a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating and preventing dental conditions as well as improving the aesthetics of the human smile through their online portal “”. The same is operated through their website and mobile application “Dentalkart”. They operate an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. The Company operates through a centralized distribution hub of 13000 sq. ft located in Gurugram, India. They also have a portfolio of more than 30 owned brands, which are manufactured/procured from third parties based on the specifications built by them through their dedicated research and development team.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Dec-22
Total Assets 691.05 1,945.91 2,695.18
Net Assets 59.78 600.76 1,102.66
Total Borrowings 197.24 326.29 266.31
Total Revenue 4,017.72 7,714.08 8,757.11
Profit After Tax 32.58 540.98 501.90

Tentative Timeline

Opening Date 23-05-2023
Closing Date 25-05-2023
Basis of Allotment 30-05-2023
Initiation of Refunds 31-05-2023
Credit of Shares to Demat 01-06-2023
Listing Date 02-06-2023

Objects of the Issue

To Meet Working Capital Requirements;
Expenditure to enhance visibility and awareness of the brands;
General Corporate Purposes;
To meet Offer Expenses.

Contact Information

Registered Office Vasa Denticity Limited Khasra No. 714, Village, P.O. Chattarpur, South Delhi-110074
Phone 91 85273 60456

Registrar Details

Name Mas Services Limited
Phone (011) 2610 4142

IPO Reservation

Anchor Investor Shares Offered 12,00,000 (28.41%)
Market Maker Shares Offered 2,16,000 (5.11%)
QIB Shares Offered 8,02,000 (18.99%)
NII (HNI) Shares Offered 6,02,000 (14.25%)
Retail Shares Offered 14,04,000 (33.24%)
Total Shares Offered 42,24,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 95.00%
Share Holding Post Issue (Promoters) 69.62%

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